American Capital Stock vs Net Debt Analysis

AXP Stock

USD 293.00 5.29 1.84%

American Express financial indicator trend analysis is way more than just evaluating American Express prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether American Express is a good investment. Please check the relationship between American Express Capital Stock and its Net Debt accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in American Express. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in interest.

To learn how to invest in American Stock, please use our How to Invest in American Express guide.

Capital Stock vs Net Debt

Capital Stock vs Net Debt Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of American Express Capital Stock account and Net Debt. At this time, the significance of the direction appears to have very strong relationship.

The correlation between American Express' Capital Stock and Net Debt is 0.82. Overlapping area represents the amount of variation of Capital Stock that can explain the historical movement of Net Debt in the same time period over historical financial statements of American Express, assuming nothing else is changed. The correlation between historical values of American Express' Capital Stock and Net Debt is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Capital Stock of American Express are associated (or correlated) with its Net Debt. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Debt has no effect on the direction of Capital Stock i.e., American Express' Capital Stock and Net Debt go up and down completely randomly.

Correlation Coefficient

0.82

Relationship Direction	Positive
Relationship Strength	Strong

View All Relationships

Capital Stock

The total amount of a company's capital funded by shareholders through the issue and subscription of shares.

Net Debt

The total debt of a company minus its cash and cash equivalents. It represents the actual debt burden on the company after accounting for the liquid assets it holds.

Most indicators from American Express' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into American Express current financial condition. On the other hand, looking into the entire matrix of fundamental ratios indicators, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in American Express. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in interest.

To learn how to invest in American Stock, please use our How to Invest in American Express guide.At this time, American Express' Discontinued Operations is relatively stable compared to the past year. As of 11/22/2024, Enterprise Value Over EBITDA is likely to grow to 14.47, while Issuance Of Capital Stock is likely to drop slightly above 26.6 M.

	2021	2022	2023	2024 (projected)
Operating Income	10.7B	12.3B	10.8B	6.7B
Other Operating Expenses	31.7B	12.7B	45.1B	47.3B

Operating Income Other Operating Expenses

American Express fundamental ratios Correlations

	Common Stock Shares Outstanding	Total Assets	Short Long Term Debt Total	Total Current Liabilities	Total Stockholder Equity	Property Plant And Equipment Net	Net Debt	Retained Earnings	Cash	Non Current Assets Total	Non Currrent Assets Other	Other Assets	Cash And Short Term Investments	Non Current Liabilities Total	Other Stockholder Equity	Total Liab	Property Plant And Equipment Gross	Total Current Assets	Short Term Debt	Common Stock	Other Current Liab	Net Receivables	Common Stock Total Equity	Other Liab	Accounts Payable	Long Term Debt
Common Stock Shares Outstanding		-0.85	-0.01	-0.19	-0.83	-0.92	0.47	-0.76	-0.63	-0.22	-0.02	-0.11	-0.51	-0.38	-0.53	-0.82	-0.57	-0.22	0.67	-0.37	0.56	-0.34	0.99	-0.67	-0.06	-0.31
Total Assets	-0.85		-0.1	0.38	0.77	0.84	-0.58	0.77	0.67	0.36	0.21	-0.12	0.62	0.62	0.29	0.99	0.67	0.38	-0.54	0.17	-0.62	0.43	-0.86	0.63	0.25	0.16
Short Long Term Debt Total	-0.01	-0.1		-0.13	0.32	-0.2	0.65	-0.11	0.08	-0.37	0.19	0.19	-0.09	-0.13	0.67	-0.16	-0.42	0.16	-0.41	0.76	-0.29	0.59	0.0	-0.37	-0.11	0.93
Total Current Liabilities	-0.19	0.38	-0.13		0.15	0.0	-0.63	0.68	0.71	-0.16	0.08	-0.02	0.83	0.81	-0.1	0.41	0.63	0.79	-0.26	-0.13	-0.75	0.11	-0.31	0.12	0.0	-0.06
Total Stockholder Equity	-0.83	0.77	0.32	0.15		0.77	-0.17	0.6	0.51	0.15	0.12	-0.06	0.38	0.36	0.8	0.7	0.36	0.34	-0.78	0.7	-0.53	0.54	-0.81	0.55	-0.15	0.6
Property Plant And Equipment Net	-0.92	0.84	-0.2	0.0	0.77		-0.43	0.59	0.37	0.35	-0.02	0.0	0.31	0.23	0.37	0.82	0.47	0.05	-0.43	0.2	-0.3	0.24	-0.88	0.72	0.14	0.08
Net Debt	0.47	-0.58	0.65	-0.63	-0.17	-0.43		-0.73	-0.71	-0.32	0.0	0.14	-0.78	-0.69	0.25	-0.62	-0.82	-0.4	0.25	0.36	0.43	0.09	0.54	-0.54	-0.04	0.43
Retained Earnings	-0.76	0.77	-0.11	0.68	0.6	0.59	-0.73		0.85	0.21	0.11	-0.12	0.87	0.82	0.22	0.76	0.84	0.67	-0.62	0.12	-0.84	0.24	-0.83	0.58	-0.13	0.14
Cash	-0.63	0.67	0.08	0.71	0.51	0.37	-0.71	0.85		0.07	0.17	-0.02	0.94	0.79	0.3	0.66	0.68	0.67	-0.71	0.24	-0.84	0.43	-0.7	0.36	-0.05	0.3
Non Current Assets Total	-0.22	0.36	-0.37	-0.16	0.15	0.35	-0.32	0.21	0.07		0.65	-0.77	-0.01	0.38	-0.13	0.38	0.4	-0.16	-0.06	-0.16	0.18	0.19	-0.18	0.2	0.1	-0.25
Non Currrent Assets Other	-0.02	0.21	0.19	0.08	0.12	-0.02	0.0	0.11	0.17	0.65		-0.52	0.02	0.46	0.06	0.22	0.19	-0.05	-0.07	0.07	-0.1	0.61	-0.02	-0.42	0.33	0.16
Other Assets	-0.11	-0.12	0.19	-0.02	-0.06	0.0	0.14	-0.12	-0.02	-0.77	-0.52		-0.05	-0.43	0.13	-0.12	-0.21	-0.26	0.04	0.07	-0.13	-0.21	-0.13	-0.07	0.26	0.14
Cash And Short Term Investments	-0.51	0.62	-0.09	0.83	0.38	0.31	-0.78	0.87	0.94	-0.01	0.02	-0.05		0.81	0.07	0.63	0.71	0.8	-0.54	0.02	-0.85	0.26	-0.61	0.4	-0.1	0.09
Non Current Liabilities Total	-0.38	0.62	-0.13	0.81	0.36	0.23	-0.69	0.82	0.79	0.38	0.46	-0.43	0.81		0.01	0.63	0.83	0.72	-0.47	-0.01	-0.74	0.31	-0.47	0.28	-0.05	0.04
Other Stockholder Equity	-0.53	0.29	0.67	-0.1	0.8	0.37	0.25	0.22	0.3	-0.13	0.06	0.13	0.07	0.01		0.19	-0.04	0.13	-0.78	0.97	-0.28	0.5	-0.5	0.2	-0.31	0.87
Total Liab	-0.82	0.99	-0.16	0.41	0.7	0.82	-0.62	0.76	0.66	0.38	0.22	-0.12	0.63	0.63	0.19		0.69	0.37	-0.48	0.07	-0.61	0.4	-0.83	0.61	0.31	0.08
Property Plant And Equipment Gross	-0.57	0.67	-0.42	0.63	0.36	0.47	-0.82	0.84	0.68	0.4	0.19	-0.21	0.71	0.83	-0.04	0.69		0.44	-0.46	-0.11	-0.59	-0.09	-0.64	0.61	-0.04	-0.16
Total Current Assets	-0.22	0.38	0.16	0.79	0.34	0.05	-0.4	0.67	0.67	-0.16	-0.05	-0.26	0.8	0.72	0.13	0.37	0.44		-0.45	0.16	-0.76	0.26	-0.3	0.28	-0.35	0.25
Short Term Debt	0.67	-0.54	-0.41	-0.26	-0.78	-0.43	0.25	-0.62	-0.71	-0.06	-0.07	0.04	-0.54	-0.47	-0.78	-0.48	-0.46	-0.45		-0.76	0.59	-0.39	0.69	-0.51	0.38	-0.71
Common Stock	-0.37	0.17	0.76	-0.13	0.7	0.2	0.36	0.12	0.24	-0.16	0.07	0.07	0.02	-0.01	0.97	0.07	-0.11	0.16	-0.76		-0.26	0.48	-0.35	0.12	-0.4	0.92
Other Current Liab	0.56	-0.62	-0.29	-0.75	-0.53	-0.3	0.43	-0.84	-0.84	0.18	-0.1	-0.13	-0.85	-0.74	-0.28	-0.61	-0.59	-0.76	0.59	-0.26		-0.4	0.64	-0.27	0.04	-0.42
Net Receivables	-0.34	0.43	0.59	0.11	0.54	0.24	0.09	0.24	0.43	0.19	0.61	-0.21	0.26	0.31	0.5	0.4	-0.09	0.26	-0.39	0.48	-0.4		-0.33	-0.26	0.24	0.61
Common Stock Total Equity	0.99	-0.86	0.0	-0.31	-0.81	-0.88	0.54	-0.83	-0.7	-0.18	-0.02	-0.13	-0.61	-0.47	-0.5	-0.83	-0.64	-0.3	0.69	-0.35	0.64	-0.33		-0.66	-0.06	-0.3
Other Liab	-0.67	0.63	-0.37	0.12	0.55	0.72	-0.54	0.58	0.36	0.2	-0.42	-0.07	0.4	0.28	0.2	0.61	0.61	0.28	-0.51	0.12	-0.27	-0.26	-0.66		-0.32	-0.06
Accounts Payable	-0.06	0.25	-0.11	0.0	-0.15	0.14	-0.04	-0.13	-0.05	0.1	0.33	0.26	-0.1	-0.05	-0.31	0.31	-0.04	-0.35	0.38	-0.4	0.04	0.24	-0.06	-0.32		-0.23
Long Term Debt	-0.31	0.16	0.93	-0.06	0.6	0.08	0.43	0.14	0.3	-0.25	0.16	0.14	0.09	0.04	0.87	0.08	-0.16	0.25	-0.71	0.92	-0.42	0.61	-0.3	-0.06	-0.23

Click cells to compare fundamentals

American Express Account Relationship Matchups

American Express fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Common Stock Shares Outstanding	830M	806M	790M	752M	736M	966.6M
Total Assets	189B	198B	191B	228B	261.1B	169.3B
Short Long Term Debt Total	64B	45B	41B	44B	49.2B	50.9B
Total Current Liabilities	18.7B	11.4B	12.6B	13.5B	146.9B	154.2B
Total Stockholder Equity	18B	22B	23B	25B	28.1B	16.1B
Property Plant And Equipment Net	4.8B	5.0B	5.0B	5.2B	5.1B	3.6B
Retained Earnings	13.9B	13.8B	13.5B	16.3B	19.6B	20.6B
Cash	24B	32.8B	21.5B	33.5B	46.5B	48.9B
Non Current Assets Total	16.4B	31.1B	12.0B	228.4B	9.1B	8.6B
Non Currrent Assets Other	(16.4B)	(191.4B)	(188.5B)	209.2B	(9.1B)	(9.5B)
Other Assets	94.0B	64.2B	150.8B	(37.2B)	105.7B	86.8B
Cash And Short Term Investments	30.6B	54.4B	24.0B	38.1B	86.1B	90.4B
Liabilities And Stockholders Equity	189B	198B	191B	228B	261.1B	169.3B
Non Current Liabilities Total	60.1B	43B	41.5B	203.6B	235.3B	247.1B
Other Stockholder Equity	11.7B	11.9B	11.5B	11.5B	11.4B	9.1B
Total Liab	167B	175B	168B	203B	233.1B	153.2B
Property Plant And Equipment Gross	4.8B	5.0B	13.6B	15.1B	15.0B	15.8B
Total Current Assets	87.6B	95.7B	26.2B	36.8B	146.3B	153.6B
Accumulated Other Comprehensive Income	(2.7B)	(2.9B)	(2.9B)	(3.2B)	(3.1B)	(2.9B)
Common Stock	163M	161M	153M	149M	145M	94.3M
Other Current Liab	(73.3B)	(12.3B)	(14.4B)	(15.1B)	(144.8B)	(137.6B)
Net Receivables	57B	43.4B	2.7B	60.5B	60.2B	37.3B
Common Stock Total Equity	163M	161M	153M	149M	134.1M	173.6M
Other Liab	19.1B	36B	42B	26.7B	30.7B	19.3B
Accounts Payable	12.7B	9.4B	10.6B	12.1B	13.1B	10.2B
Long Term Debt	57.8B	43.0B	39B	43B	47.9B	45.4B
Short Term Investments	6.6B	21.6B	2.5B	4.5B	166M	157.7M
Inventory	80.7B	114.7B	75.1B	32.4B	144.6B	151.8B
Intangible Assets	267M	265M	201M	146M	98M	93.1M
Property Plant Equipment	4.8B	5.0B	5.0B	5.2B	6.0B	4.0B
Good Will	3.3B	3.9B	3.8B	3.8B	3.9B	3.0B
Other Current Assets	(80.7B)	(76.4B)	(75.6B)	(94.1B)	(110.5B)	(105.0B)
Retained Earnings Total Equity	13.9B	13.8B	13.5B	16.3B	18.7B	10.7B
Treasury Stock	(207M)	(292M)	(279M)	(271M)	(243.9M)	(231.7M)
Net Tangible Assets	23.1B	23.0B	22B	24.7B	28.4B	21.8B
Long Term Debt Total	57.8B	43.0B	38.7B	43B	38.7B	42.5B
Capital Surpluse	11.8B	11.9B	11.5B	11.5B	10.3B	9.8B
Non Current Liabilities Other	24.9B	27.2B	30.5B	37.4B	43.0B	27.0B

Pair Trading with American Express

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if American Express position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in American Express will appreciate offsetting losses from the drop in the long position's value.

Moving together with American Stock

0.83	AC	Associated Capital	Pair Corr
0.83	GS	Goldman Sachs Group Fiscal Year End 21st of January 2025	Pair Corr
0.85	MC	Moelis Potential Growth	Pair Corr
0.93	SF	Stifel Financial Earnings Call This Week	Pair Corr
0.81	TW	Tradeweb Markets Normal Trading	Pair Corr

Moving against American Stock

0.7	XP	Xp Inc	Pair Corr
0.44	HG	Hamilton Insurance Group,	Pair Corr
0.31	EG	Everest Group	Pair Corr

The ability to find closely correlated positions to American Express could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace American Express when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back American Express - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling American Express to buy it.

The correlation of American Express is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as American Express moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if American Express moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.

Correlation analysis and pair trading evaluation for American Express can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.

Pair Correlation Correlation Matching

Additional Tools for American Stock Analysis

When running American Express' price analysis, check to measure American Express' market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy American Express is operating at the current time. Most of American Express' value examination focuses on studying past and present price action to predict the probability of American Express' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move American Express' price. Additionally, you may evaluate how the addition of American Express to your portfolios can decrease your overall portfolio volatility.

Macroaxis helps investors of all levels and skills to maximize the upside of all their holdings and minimize the risk associated with market volatility, economic swings, and company-specific events. View terms and conditions

Feedback Blog

Made with optimal in San Francisco

2024 Macroaxis LLC